why is the manufacturing sector?
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The manufacturing sector is considered as the backbone of the economic development of the country because of the following reasons: (i) Manufacturing sector helps in modernising agriculture which increases agricultural productivity. ... (iii) It reduces poverty as well as unemployment from the country.
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Manufacturing provides many jobs, at all levels. It is important as an employment generator. Among all sectors (service, agriculture, social, manufacturing), manufacturing distributes wealth most equitably among the work-force; hence is a key factor to pull people above the poverty line.
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